Historic Home and Apartment | Extra Lot Petersburg, VA

Property Location MAP

416 W Washington St
Petersburg, VA 23803

Property #: KEY5222

Contact Agent

Naomi Lewis, PMP, CAI, BAS
Tranzon Key

757-870-3871 Or 888-621-2110 nlewis@tranzon.com

Linda Terry

804-837-1705 lterry@tranzon.com
Year Built: 1830
Square Footage: 4,532
Main House: Bedrooms - 3
  Baths - 2 1/2
Apartment: Bedrooms - 1
  Baths - 1
 
Built in 1830 and known through the years as the Chamberlayne/McIlwaine Home, 416 West Washington Street is one of the more storied residences in Petersburg's historic Folly Castle district. A glorious gingko tree adorns the back yard and was purportedly gifted by President Thomas Jefferson himself! The distinguished list of past residents includes the founder of Richmond’s St. Christopher School. Etchings that adorn 2 original glass window panes feature the inscribed date1869 and include both the Churchill and Chamberlayne family's names. The central location allows for an easy walk to restaurants and the great new library.
 
Offering 2 adjacent tax parcels:
1. Main house on 0.31 acre, tastefully modernized
2. 72’ x 30’ Rear parcel described in the tax record as “Stable Lot”, with original brick ruins
 
Main house
2 story clapboard, brick and frame
Original pine flooring, high ceilings
3 bedrooms, including primary suite with dressing room and bath
2 ½ baths
Up to date Kitchen has granite, gas cooktop, cabinetry and pantry
Front parlor, Living and Dining Rooms, family room
Covered porches, balcony, brick patio
 
Attached Apartment (former servants’ quarters)
Sells Furnished – past rentals up to $1,800/mo
Separate entrance at rear of main house offers functional living with historic charm
Living room, Bedroom, Kitchen, Bath, Laundry closet with hook-ups, private 2nd story balcony
 
The main house is a beautifully maintained 2-story, 4,532-square-foot brick and frame residence with an attached, fully renovated and fully furnished apartment — space that was originally built to house the servants who staffed the household, and which later continued as staff quarters into the twentieth century. Today it functions as an independent one-bedroom living space with its own kitchen, bath, living area, and private balcony, giving a buyer built-in flexibility: extra space for family, a home office, or an income-producing rental unit.
 
Because ownership here comes with a rare mix of upside — a move-in-ready historic home, an income-generating attached apartment, a second lot and room on the grounds for further amenities — this property is built to appeal to a wide range of buyers: preservation-minded homeowners, small investors, and anyone drawn to Petersburg's continuing revitalization.
 
Parcel ID#: 023160006 / 023160800
2025 Tax Assessment: $308,600 / $800
2025 Annual Taxes: $3,919 / $800
 
For more historical context, tax records and info, be sure to download the PIP.
 
Click on “ACCESS PROPERTY DOCUMENTS.” The Property Information Package contains information, including the sales contract, not available elsewhere.

VAAF423

Directions:

From I-95 South / I-85 South, take exit 52 for Wythe St/Washington St toward Washington St. Continue onto W Washington St. Proceed west through downtown Petersburg. Property will be on the right at 416 W Washington Street.

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Naomi Lewis, PMP, CAI, BAS

Naomi Lewis, PMP, CAI, BAS: Tranzon Key

757-870-3871 nlewis@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

  • Buyer's Premium: 10% Buyers Premium based on the high bid.
  • Closing: 35-Day closing, sold in As-Is condition, no contingencies.
  • Deposit Amount: Online registration requires $5,000 hold on a valid credit card. The hold will be released post-auction. A 10% deposit is due within 48 hours of being notified that you are the successful high bidder.
  • Buyer Agent Compensation: 2% of the high bid will be paid to a properly registered buyer's agent at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

Online Bidding Instructions:

See terms and conditions in the property information package.

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